New Hampshire Auto Insurance Laws

New Hampshire auto insurance laws are different from those in almost every other state in the country.  There is no requirement for drivers to carry insurance, however if you opt to purchase insurance there are laws governing the minimum you must carry and the rules for cancelling policies.  There are also laws to protect insured drivers who are involved in an accident with an uninsured motorist.Though New Hampshire auto insurance requirements do not force drivers to carry insurance, for those who do opt to purchase coverage, there are minimum amounts that are required.  The minimum liability coverage is $25,000 for injury or death of one person, $50,000 for injury or death of more than one person and $25,000 for property damage.New Hampshire auto insurance laws also state that if you purchase liability coverage you must also purchase $1,000 of medical payment coverage and uninsured motorist coverage equal to your liability coverage.  This is to cover medical expenses for you and your passengers whether you or another uninsured motorist are responsible for an accident.Laws in the state also require that all companies selling insurance have a license provided by the New Hampshire Department of Insurance.  It is recommended that all individuals ensure that any company they deal with is properly licensed by the state.  There are also laws governing premiums charged by insurance companies, to guard against over-charging and fraud.New Hampshire auto insurance requirements do cover cancellation of your policy if you opt to purchase coverage.  According to the law, once a policy has been in effect for more than 60 days, the insured person cannot cancel it.  It is possible for a policyholder to cancel a policy if premiums are not paid, provided they give the insured 10 days notice.There are certain circumstances under which a motorist can be required to carry insurance.  If you are convicted of a DUI you will be required to carry insurance coverage for three years after a first offense or five years after a subsequent offense.  Also, most lenders require insurance coverage for any vehicle purchased with an auto loan.Though motorists are not required by New Hampshire auto insurance laws to have coverage, any uninsured person who is involved in an accident and is found to be at-fault must be able to prove financial responsibility.  If you cannot cover the expenses of the accident with a cash payment, then you may be required to purchase insurance in order to handle any financial liability.New Hampshire takes a unique approach to the subject of auto insurance, but that doesn’t mean that it isn’t a serious matter.  Despite the non compulsory nature of insurance, it still makes good sense to have your car properly covered should you ever be in an accident.  Don’t leave anything to chance; take to the roads knowing you’ve done your part for safety’s sake.You can contact New Hampshire car insurance agents and brokers if you want an online car insurance quote. When comparing quotes, you should also compare discounts as well as coverages and benefits in addition to quoted prices.